Royal Randwick to host $10m Everest sprint at Spring Carnival — making it the richest race on turf

RAY THOMAS, The Daily Telegraph

7 minutes ago

SYDNEY will host the world’s richest thoroughbred race on turf with the introduction of the $10 million The Everest to be run at Royal Randwick during October.

The Everest is set to attract the best racehorses from around the world for the 1200m sprint.

Racing NSW chief executive Peter V’landys confirmed the $10 million race will be run on October 14 during Sydney’s spring carnival.

The Everest’s $10 million stakes money replaces the $6.2 million Melbourne Cup as the nation’s richest race.

The only races with more prizemoney are the $US12 million Pegasus World Cup run in Florida and the $US10 million Dubai World Cup. Both of those northern hemisphere races are run on dirt tracks.

The Everest will be run over 1200m at famous Royal Randwick under weight-for-age conditions.

Australian sprinters are generally regarded as among the best in the world but have needed to travel overseas to race at England’s Royal Ascot or Hong Kong’s Sha Tin to prove themselves.

Over the last decade or so Australian champions like Black Caviar, Takeover Target, Miss Andretti and Chautauqua have travelled to the northern hemisphere and beaten the best in the world.

But The Everest now provides an opportunity for Aussie sprinters to race in their own backyard and take on the best overseas sprinters.

The massive prizemoney for The Everest will be predominantly funded by a huge entry fee of around $600,000.

The field will have a maximum of 12 runners and those buying an entry secure a start in the race. This entry can be leased or on-sold to others wanting to race for The Everest’s huge prizemoney and prestige.

WORLD’S RICHEST HORSE RACES

$US12 million — Pegasus World Cup — Gulfstream Park, Florida.

$US10 million — Dubai World Cup, Dubai, UAE

$10 million — The Everest — Royal Randiwck, Sydney

$6.2 million — Melbourne Cup — Flemington, Melbourne

LIKELY CONTENDERS FOR THE EVEREST

Chautauqua

Astern

Flying Artie

Speith

Extreme Choice

Star Turn

Fell Swoop

Malaguerra

#Plus overseas entries

STRIKE WHILST THE IRON IS HOT

reductio ad absurdum

The richest man is not he who has the most, but he who needs the least.

Wouldn't it have made more sense being run in Autumn.... October 14 basically rules out any young colt sprinter (i.e. any of the current 3yo crop) as they will more than likely be rushed off to stud duties rather than wait for a shot at the prize money.

The concept is inspired by the recent 'Pegasus World Cup Invitational' model, a $12 million event at Gulfstream Park, Florida taken out by Arrogate last weekend in which owners paid $1 million for the right to start in the race.

In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!

Outside of the huge players with stallion prospects, who from overseas would want to stump up $1.8 million to get whipped by our sprinters?

Fair point. Also just read that the Arc meeting with multiple Group 1 sprints is just 2 weeks earlier, as is the Sprinters Stakes in Japan. Champions Day at Ascot is the week after, and Breeders Cup weekend is a fortnight after that.

Granted there are no $10 million sprints at those events, but you'd think those options would eliminate the vast majority of possible overseas entrants, particularly if they fork out $1.8 million over 3 years...

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